Audits and Site Visits Sample Clauses
The "Audits and Site Visits" clause grants one party the right to inspect the other party’s facilities, records, or operations to ensure compliance with the terms of the agreement. Typically, this clause outlines the conditions under which audits or visits may occur, such as providing advance notice, limiting the frequency of inspections, and specifying what information or areas can be reviewed. Its core practical function is to provide transparency and accountability, allowing the inspecting party to verify adherence to contractual obligations and mitigate risks of non-compliance.
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Audits and Site Visits. 13.1 Subject to the further provisions of this Section 13, a reasonable number of representatives of the Customer together, if applicable, with auditors associated with a firm of certified independent public accountants (“Auditor Firms”) may, during normal weekday business hours, upon giving the Transfer Agent at least twenty (20) days advance notice, no more frequently than once per year (unless required by Customer’s regulators or in response to a previously-identified deficiency, in which event the additional audit will only relate to such deficiency), except that, at mutually agreed dates, and subject to the Transfer Agent’s reasonable security, privacy and confidentiality policies and procedures inspect the Transfer Agent premises principally utilized to perform the Services and related operations, and (ii) examine on-site any books and records required to be maintained by the Transfer Agent in connection with the performance of the Services and the written procedures utilized by the Transfer Agent in performing the Services, solely to determine the Transfer Agent’s compliance with this Agreement.
13.2 During the annual site visit by the BlackRock Relationship Team at mutually agreed dates, and subject to the Transfer Agent’s reasonable security, privacy and confidentiality policies and procedures the Customer may, subject to the further provisions of this Section 13, (i) inspect the Transfer Agent premises principally utilized to perform the Services and related operations, and (ii) request the Transfer Agent provide system and transaction processing demonstrations, and (iii) make available employees with knowledge about the Services performed to conduct discussions with the Customer and answer reasonable questions of the Customer about such subjects.
13.3 Subject to the further provisions of this Section 13, and Transfer Agent’s reasonable security, privacy and confidentiality policies and procedures. Transfer Agent will give regulatory authorities with jurisdiction over the Customer, upon reasonable advance written notice and during normal weekday business hours, the ability to (i) inspect the Transfer Agent premises principally utilized to perform the Services and related operations, and (ii) examine on-site any books and records required to be maintained by the Transfer Agent in connection with the performance of the Services.
13.4 Transfer Agent shall not be required in connection with any site visits under this Section 13 to engage in any condu...
Audits and Site Visits. 13.1 Subject to the further provisions of this Section 13, a reasonable number of representatives of the Customer together, if applicable, with auditors associated with a firm of certified independent public accountants (“Auditor Firms”) may, during normal weekday business hours, upon giving the Transfer Agent at least twenty (20) days advance notice, no more frequently than once per year (unless required by Customer’s regulators or in response to a previously-identified deficiency, in which event the additional audit will only relate to such deficiency), except that, at mutually agreed dates, and subject to the Transfer Agent’s reasonable security, privacy and confidentiality policies and procedures inspect the Transfer Agent premises principally utilized to perform the Services and related operations, and (ii) examine on-site any books and records required to be maintained by the Transfer Agent in connection with the performance of the Services and the written procedures utilized by the Transfer Agent in performing the Services, solely to determine the Transfer Agent’s compliance with this Agreement.
13.2 During the annual site visit by the BlackRock Relationship Team at mutually agreed dates, and subject to the Transfer Agent’s reasonable security, privacy and confidentiality policies and procedures the Customer may, subject to the further provisions of this Section 13, (i) inspect the Transfer Agent premises principally utilized to perform the Services and related operations, and
Audits and Site Visits. GGBHTD or MCTD may conduct site visits of the Facilities at any time during the Agreement Term for purposes of monitoring compliance with the Standard of performance. MCTD shall make available any and all records, files, logs and associated documentation to the GGBHTD’s designated representatives as requested. MCTD shall also assist GGBHTD during any local, State, or Federal safety or security audits. SEC. 105 REQUIRED PLANS AND PROGRAMS MCTD and/or Contractor, as appropriate, shall maintain and abide by the following plans and programs to the GGBHTD:
Audits and Site Visits. 10.1. The Contractor shall co-operate fully with requests made by the Authority to conduct an audit or site visit of the Contractor’s premises. The Authority will give the Contractor at least ten days notice of any intentions to conduct an audit or site visit.
Audits and Site Visits. (a) Upon written notice to Borrower, to allow the Bank and its agents to inspect the Borrower's properties and examine, audit, and make copies of books and records at any reasonable time. If any of the Borrower's properties, books or records are in the possession of a third party, the Borrower authorizes that third party to permit the Bank or its agents to have access to perform inspections or audits and to respond to the Bank's requests for information concerning such properties, books and records.
(b) In addition to those rights granted to the Bank under the Addendum during the Construction Availability Period, to allow the Bank and its agents and representatives to enter and visit the Real Property upon advance notice during normal business hours for the purposes of:
(i) performing an appraisal;
(ii) inspecting the Real Property and Improvements;
(iii) taking soil or groundwater samples; and
(iv) conducting tests, among other things, to investigate for the presence of hazardous substances, as defined in Section 10 hereof. In each instance, the Bank shall give the Borrower notice before entering the Real Property and Improvements. The Bank shall make an effort to avoid interfering with the Borrower's use of the Real Property and Improvements when exercising any of the rights granted in this paragraph 9.9(b). The Bank is under no duty to visit or observe the Real Property and Improvements, or to examine any books or records. Any site visit, observation or examination by the Bank shall be solely for the purpose of protecting the Bank's security and preserving the Bank's rights under this Agreement and the Security Documents. The Bank owes no duty of care to protect the Borrower or any other party against, or to inform the Borrower or any other party of, any adverse condition affecting the Real Property and Improvements, including any defects in the design or construction of any improvements on the Real Property and Improvements or the presence of any hazardous substances on the Real Property and Improvements.
Audits and Site Visits. VENDOR agrees that TJ’s has the absolute right to audit, visit, or tour any facilities used for the production or storage of goods sold to TJ’s. VENDOR agrees that it shall pay all costs for any such audit conducted by TJ’s designated third-party auditor and that TJ’s may deduct from any outstanding invoices with VENDOR the amounts due for such audit if VENDOR does not timely comply with this obligation.